29 Sep

Alibaba is leading a $27M investment in open source database startup MariaDB

 Alibaba has spent 2017 pushing its cloud computing business and now it is preparing to make its first major investment in a Western startup in the space.
The Chinese e-commerce giant has agreed to lead a €22.9 million ($27 million) investment in MariaDB, the European company behind one of the web’s most popular open source database servers, according to a source with knowledge of… Read More
Source: TechCrunch – Funding and Exits

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